Nasdaq, Inc. (NDAQ) Reaches $81.43 High on Jan, 14; British Columbia Investment Management Has Trimmed Range Res (RRC) Holding

January 14, 2018 - By Ellis Scott

British Columbia Investment Management Corp decreased Range Res Corp (RRC) stake by 51.34% reported in 2017Q3 SEC filing. British Columbia Investment Management Corp sold 201,170 shares as Range Res Corp (RRC)’s stock declined 18.29%. The British Columbia Investment Management Corp holds 190,668 shares with $3.73 million value, down from 391,838 last quarter. Range Res Corp now has $4.29 billion valuation. The stock increased 1.80% or $0.31 during the last trading session, reaching $17.58. About 6.66 million shares traded. Range Resources Corporation (NYSE:RRC) has declined 36.05% since January 14, 2017 and is downtrending. It has underperformed by 52.75% the S&P500.

The stock of Nasdaq, Inc. (NASDAQ:NDAQ) reached all time high today, Jan, 14 and still has $87.94 target or 8.00% above today’s $81.43 share price. This indicates more upside for the $13.54 billion company. This technical setup was reported by Barchart.com. If the $87.94 PT is reached, the company will be worth $1.08 billion more. The stock increased 1.21% or $0.97 during the last trading session, reaching $81.43. About 924,111 shares traded. Nasdaq, Inc. (NASDAQ:NDAQ) has risen 6.98% since January 14, 2017 and is uptrending. It has underperformed by 9.72% the S&P500.

British Columbia Investment Management Corp increased Vulcan Matls Co (NYSE:VMC) stake by 8,000 shares to 53,226 valued at $6.37 million in 2017Q3. It also upped Svb Finl Group (NASDAQ:SIVB) stake by 3,262 shares and now owns 30,819 shares. Newell Brands Inc (NYSE:NWL) was raised too.

Investors sentiment is 1.35 in 2017 Q3. Its the same as in 2017Q2. It is without change, as 55 investors sold RRC shares while 102 reduced holdings. only 52 funds opened positions while 160 raised stakes. 248.08 million shares or 7.58% more from 230.61 million shares in 2017Q2 were reported. Point72 Asia (Hong Kong) holds 0.24% or 17,617 shares. Canada Pension Plan Inv Board reported 449,418 shares. Supplemental Annuity Collective Tru Of Nj accumulated 0.34% or 40,000 shares. Adams Natural Res Fund Inc invested in 322,100 shares. Eaton Vance Mngmt reported 361,126 shares. Sun Life Fincl, Ontario – Canada-based fund reported 1,647 shares. Oregon Employees Retirement Fund reported 19,619 shares. D E Shaw And has invested 0.01% in Range Resources Corporation (NYSE:RRC). Wellington Shields Mngmt Lc holds 87,805 shares. Benjamin F Edwards And Co owns 435 shares for 0% of their portfolio. Exxonmobil Inv Mgmt Tx holds 0.02% in Range Resources Corporation (NYSE:RRC) or 41,234 shares. Panagora Asset Management Inc, Massachusetts-based fund reported 34,031 shares. Gargoyle Invest Advisor Ltd Com has invested 0.12% in Range Resources Corporation (NYSE:RRC). Barrow Hanley Mewhinney & Strauss Limited Liability Company owns 1.40 million shares. Kansas-based Creative Planning has invested 0% in Range Resources Corporation (NYSE:RRC).

Since October 26, 2017, it had 0 insider buys, and 3 insider sales for $729,062 activity. The insider DUB ANTHONY V sold $46,533. Poole David P sold $505,851 worth of stock. 10,757 shares valued at $176,678 were sold by MANNY ROGER S on Thursday, October 26.

Analysts await Range Resources Corporation (NYSE:RRC) to report earnings on February, 28. They expect $0.14 earnings per share, up 121.21% or $0.80 from last year’s $-0.66 per share. RRC’s profit will be $34.19M for 31.39 P/E if the $0.14 EPS becomes a reality. After $0.05 actual earnings per share reported by Range Resources Corporation for the previous quarter, Wall Street now forecasts 180.00% EPS growth.

Among 40 analysts covering Range Resources Corp. (NYSE:RRC), 26 have Buy rating, 1 Sell and 13 Hold. Therefore 65% are positive. Range Resources Corp. had 128 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Range Resources Corporation (NYSE:RRC) earned “Under Review” rating by Cantor Fitzgerald on Monday, September 7. The stock has “Sector Perform” rating by KeyBanc Capital Markets on Tuesday, April 26. As per Thursday, January 28, the company rating was downgraded by Barclays Capital. The firm earned “Outperform” rating on Monday, May 2 by RBC Capital Markets. On Monday, November 13 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The stock of Range Resources Corporation (NYSE:RRC) has “Buy” rating given on Monday, February 6 by Instinet. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, November 4 report. The stock of Range Resources Corporation (NYSE:RRC) has “Buy” rating given on Friday, April 7 by Jefferies. The firm has “Hold” rating given on Monday, October 23 by J.P. Morgan. Barclays Capital maintained Range Resources Corporation (NYSE:RRC) rating on Thursday, August 3. Barclays Capital has “Underweight” rating and $18 target.

Analysts await Nasdaq, Inc. (NASDAQ:NDAQ) to report earnings on January, 30. They expect $1.00 EPS, up 5.26% or $0.05 from last year’s $0.95 per share. NDAQ’s profit will be $166.23M for 20.36 P/E if the $1.00 EPS becomes a reality. After $1.06 actual EPS reported by Nasdaq, Inc. for the previous quarter, Wall Street now forecasts -5.66% negative EPS growth.

Among 18 analysts covering NASDAQ OMX Group (NASDAQ:NDAQ), 9 have Buy rating, 1 Sell and 8 Hold. Therefore 50% are positive. NASDAQ OMX Group had 56 analyst reports since August 9, 2015 according to SRatingsIntel. As per Thursday, August 17, the company rating was maintained by Keefe Bruyette & Woods. Jefferies maintained the shares of NDAQ in report on Monday, June 26 with “Hold” rating. As per Thursday, June 1, the company rating was maintained by Keefe Bruyette & Woods. JP Morgan maintained the stock with “Neutral” rating in Monday, March 14 report. The stock of Nasdaq, Inc. (NASDAQ:NDAQ) earned “Overweight” rating by Barclays Capital on Tuesday, January 12. The rating was maintained by UBS with “Buy” on Friday, April 1. The stock of Nasdaq, Inc. (NASDAQ:NDAQ) earned “Neutral” rating by Citigroup on Thursday, October 19. The firm has “Underperform” rating given on Monday, October 9 by Bank of America. The firm earned “Overweight” rating on Thursday, October 13 by Barclays Capital. The company was upgraded on Monday, December 5 by CLSA.

Since August 10, 2017, it had 0 insider purchases, and 4 sales for $1.67 million activity. DENNISON ANN M sold $89,294 worth of stock. $231,816 worth of Nasdaq, Inc. (NASDAQ:NDAQ) was sold by Wedenborn Lars on Friday, August 18. Another trade for 3,000 shares valued at $228,510 was sold by SIBBERN BJORN. 14,629 shares were sold by KNIGHT EDWARD S, worth $1.12M on Monday, August 14.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.35, from 0.8 in 2017Q2. It improved, as 22 investors sold Nasdaq, Inc. shares while 133 reduced holdings. 50 funds opened positions while 128 raised stakes. 120.96 million shares or 2.43% more from 118.09 million shares in 2017Q2 were reported. Vaughan Nelson Inv Mngmt Limited Partnership has invested 0.46% of its portfolio in Nasdaq, Inc. (NASDAQ:NDAQ). Toronto Dominion National Bank & Trust holds 0.01% or 44,242 shares. Moreover, First Manhattan has 0% invested in Nasdaq, Inc. (NASDAQ:NDAQ). Caxton Assocs Limited Partnership accumulated 0.02% or 7,100 shares. Blair William Il holds 0% of its portfolio in Nasdaq, Inc. (NASDAQ:NDAQ) for 3,895 shares. Minnesota-based Advantus Capital Mngmt has invested 0.02% in Nasdaq, Inc. (NASDAQ:NDAQ). British Columbia Mgmt reported 0.09% of its portfolio in Nasdaq, Inc. (NASDAQ:NDAQ). Fdx Advsr reported 7,708 shares. Stifel Fincl has 79,212 shares. Co Bancorp reported 283,835 shares. Rbf Ltd Liability Corporation has invested 0.1% of its portfolio in Nasdaq, Inc. (NASDAQ:NDAQ). Tarbox Family Office Inc accumulated 0% or 64 shares. Bokf Na invested in 0.1% or 44,893 shares. Spc invested in 0.59% or 30,925 shares. Asset Management accumulated 10,309 shares.

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